State Street has appointed Jason Knight as global head of the firm’s insurance segment. Knight joins from BNY Mellon, where he was most recently head of the insurance segment in the Americas for the asset servicing business.
Month: June 2021
Hurricane selects SS&C’s front-to-back solution
Hurricane Capital Advisors, a start-up alternative investment management platform, has launched its operations with SS&C‘s front-to-back solution. SS&C will provide fund administration, middle-office solutions, FIX connectivity, hosting and order and execution management systems.
WHEB expands relationship with FundRock
FundRock, a European third-party UCITS ManCo and AIFM that is owned by Apex, has expanded its relationship with sustainable impact investor WHEB Asset Management LLP to provide distribution services through FundRock Distribution S.A. In an extension of FundRock’s existing role as ManCo for WHEB’s Irish ICAV and ACD for WHEB’s Sustainability OEIC, WHEB has appointed…
Intertrust to open in France
Intertrust, the Netherlands-based provider, is to open its first office in France and has appointed Regis Leleu as country head. He joins from Citco.
CSOP selects Eze
Hong Kong’s CSOP Asset Management Ltd. has selected SS&C’s Eze Investment Suite for order management and portfolio accounting.
Malcolm Pobjoy leaves Vistra
Malcolm Pobjoy has left Vistra, where he was group commercial director for the Americas, to join Osborne Clarke, a UK-based law firm, as head of U.S. business development. He will be based in New York.
Martin Currie migrates investment ops to Northern Trust
Martin Currie Investment Management has completed the migration of outsourced investment operations functions to Northern Trust for its book of assets managed from UK offices in Edinburgh and London. These include performance measurement and client reporting activities that were previously managed inhouse. Owned by Franklin Resources, Martin Currie is a long-term global equity growth investor…
RBC launches FX TCA service
RBC Investor & Treasury Services has launched its FX transaction cost analysis (TCA) service for currency overlay services (COS) clients. The service, which uses analytical technology provided by State Street-owned BestX, will provide RBC’s COS clients with independent FX TCA reporting to oversee and assess the execution quality of their COS transactions. COS is available…
BNY Mellon to provide European TA services for Invesco
BNY Mellon has been appointed by Invesco Fund Management Limited and Invesco Management S.A. to provide transfer agency services to USD100bn of their respective ICVC and SICAV fund ranges. BNY Mellon already provides custody and fund administration services for the two fund ranges, which are domiciled in the UK and Luxembourg respectively. In addition, BNY…
Apex to acquire Brazil’s BRL Trust
Apex plans to acquire Brazil’s BRL Trust Investimentos, an independent fund administrator. The BRL Trust business will add BRL198bn (USD38bn) AuA and BRL166.7bn (USD32bn) AuC across 560 international and Brazilian investment funds. The deal comes after Apex’s previous announcement of its intention to acquire MAF, the fund administration business of the Brazil-based Banco Modal, which…